Pinnacle's 5 x Deposit Rollover

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  • dynamite140
    SBR MVP
    • 07-05-08
    • 4958

    #36
    Originally posted by Optional
    Honestly I don't know what's up with you two. Are you just trying to make it complicated?

    If you don't lose all your money the rollover from that deposit remains in place. Its simple.

    And whats this crap about you can never complete rollover? I have no clue what on earth you are trying to say Dynamite.

    If you end up with a 40k rollover as in your example, either bet 40k or lose the account balance and your rollover is done.

    This is not complex at all.


    Optional, I was one of the first people that knew about this rule before this was even posted on this forum months later. I didn't post about it but im sure someone would have complained about it later on soon enough. Its not as simple as you describe. Its complicated b/c there is still no clear answer from pinnacle.


    Also the rollover in that example I give you is not 40k. For any other book assuming they had the 5x rule on deposits, it is $40k. Pinnacle it isn't unless you bust your account 0 thus you wouldn't hit 40k in rollover when you bust.


    Here is the thing you don't seem to understand. If you continue to win and get the balance higher... say your balance is now $20000 and let say you had rolled over $38k. Your rollover is not 2k more. Your rollover is in addition to the winnings to your account. Do you see where the issue is with that? So if your balance was $100 before you deposited the additional $5000, you have to rollover $2000 in your rollover +$19900 so $21900 more. But you know what the issue here is right? The higher your balance the higher your rollover. Unless you bust your balance, rollover never clears.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61046

      #37
      I think you are making up this crap in your head Dynamite. Although honestly your wording makes it very hard to be sure of what you are saying for certain so excuse me if i am not completely understanding the point.

      There is no rollover on your winnings at Pinnacle.

      If you deposit $5000 you will need to bet $25000 to avoid a $150 withdrawal fee.

      If you are silly enough to only bet your balance down to $100 before redepositing another $5000 then whatever remains of that FIXED $25000 rollover amount will be added to the new $25000 rollover amount for you to avoid a $300 withdrawal fee.

      Your balance and winnings have no bearing on the rollover amount.
      .
      Comment
      • dynamite140
        SBR MVP
        • 07-05-08
        • 4958

        #38
        Originally posted by Optional
        I think you are making up this crap in your head Dynamite. Although honestly your wording makes it very hard to be sure of what you are saying for certain so excuse me if i am not completely understanding the point.

        There is no rollover on your winnings at Pinnacle.

        If you deposit $5000 you will need to bet $25000 to avoid a $150 withdrawal fee.

        If you are silly enough to only bet your balance down to $100 before redepositing another $5000 then whatever remains of that FIXED $25000 rollover amount will be added to the new $25000 rollover amount for you to avoid a $300 withdrawal fee.

        Your balance and winnings have no bearing on the rollover amount.


        The reason why this sounds very complicated is because its very complicated. I assume you never had this issue with pinnacle because if you did its very complicated. Your rollover will not ever be completed. Also i had this email exchange with pinnacle a while back when i heard about this rule and when they explained to me... it didn't make sense at all. Also when you say the winnings have no bearings on the rollover amount... it does if you still had a balance in your account even if you redeposit. Even if your balance was $1. So they want you to bust it first before you redeposit and for anyone that is betting a lot, that makes no sense at all. So if your balance is $100, and you want to redeposit another $5000, you going to bet $100 on a game and hope it loses or something?


        There are some mistakes you are making with this. You say how can someone be silly enough to get balance down to $100. That can happen many ways. Example say you bet $2500 to win $2400 on one bet, you win. Other bet you wager $2500 to win $2300, you lose. You risked total of $5000 so balance is 0 after those 2 bets. What is your balance now? Its now $100. See where im going here? You could also use example when someone bets a bunch of games for smaller amounts like $550 to win $500, $500 to win $520 and after all of this, many times your balance could go down to $100 or $200. Many times your balance will go to a small amount when you lose. Also what happens when your balance is $1500 and you want to have $5000 into play later on? You going to wager $1500 first then redeposit $3500? Issue here is unless you lose the $1500 bet, rollover never completes.

        If you don't believe me, you can ask pinnacle this.
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 61046

          #39
          Originally posted by dynamite140
          Your rollover will not ever be completed.
          If you think that is how it works then it's kind of obvious YOU are the one mistaken don't you think?

          Are you stuck in a never ending rollover? If it had ever happened then you must still be stuck that way eh? If it cannot ever be completed...


          when you say the winnings have no bearings on the rollover amount... it does if you still had a balance in your account even if you redeposit. Even if your balance was $1.
          No it does not.

          I don't know what else to tell you about this. Instead of keeping just saying it how about posting a link to the rule that says this? Or maybe the email that you think says this? I am sure I will be able to explain how you have misunderstood.


          So they want you to bust it first before you redeposit and for anyone that is betting a lot, that makes no sense at all. So if your balance is $100, and you want to redeposit another $5000, you going to bet $100 on a game and hope it loses or something?
          Yes. Same rule for rollover at every sportsbook.


          If you don't believe me, you can ask pinnacle this.
          Give me the slightest bit of evidence that you or anyone else is stuck in a never able to complete rollover situation and I definitely will ask.
          Last edited by Optional; 02-12-15, 09:47 PM.
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          Comment
          • dynamite140
            SBR MVP
            • 07-05-08
            • 4958

            #40
            Originally posted by Optional
            If you think that is how it works then it's kind of obvious YOU are the one mistaken don't you think?

            Are stuck in a never ending rollover? If it had ever happened then you must still be stuck that way eh? If it cannot ever be completed...




            No it does not.

            I don't know what else to tell you about this. Instead of keeping just saying it how about posting a link to the rule that says this? Or maybe the email that you think says this? I am sure I will be able to explain how you have misunderstood.




            Yes.




            Give me the slightest bit of evidence that you or anyone else is stuck in a never able to complete rollover situation and I definitely will ask.

            Im no longer stuck in a rollover because they gave me a one time exception. But basically everything I said is true. I know its hard to believe as it doesn't make sense but that was what I was told by pinnacle CS. I think i exchanged over 8 emails with them saying... are you serious and they said yes. Its not big deal to me the withdraw fee but this would definitely cause problems for pretty much everyone. If you bet small amounts, i think it won't affect you much though but still for majority of players it will.


            Yes it does. I had the situation happen to me with pinnacle and they gave me that answer and i was shocked at it. I don't have the email as this was months even before this thread was created so that email i don't have anymore.


            No one that is betting bigger amounts on a game is waiting for a $100 bet to see if it wins or loses. If it wins, now your balance is $190. Then you going to bet $190 again? It makes no sense at all. Someone betting 4 figures a game would just redeposit more money then bet whatever they need. No A book would have a policy like this. I don't even think any of those C books would have this kind of policy on rollover if they don't request a bonus. Thats why this rule is ridiculous.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61046

              #41
              Maybe it was an error when they were first starting out?

              It really is only supposed to be based on the deposit amount and as far as I know it really is working that way for everyone now.

              The last $100 thing is annoying for sure. But how else do books handle rollover calcs? If you are still betting with the deposit then the rollover still exists... at what point do you suggest they just forget the last bit? $100? $200?

              I get the problem but it's not a Pinny thing, it's just the way rollover works. :\

              And I agree it feels worse when it's not based on an up front bonus. But in Pinny's eyes you are getting a bonus for rolling over 5 times... waiving of money transfer fees.
              Last edited by Optional; 02-12-15, 10:58 PM.
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              Comment
              • Hareeba!
                BARRELED IN @ SBR!
                • 07-01-06
                • 37038

                #42
                Originally posted by Optional
                .. in Pinny's eyes you are getting a bonus for rolling over 5 times... waiving of money transfer fees.
                in my eyes that's just plain BS.
                NO OTHER BOOK I deal with charges deposit (or withdrawal) fees so there's no bonus in that for me.
                1x turnover is industry standard and quite understandable/acceptable.
                I don't need Pinnacle that much.
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61046

                  #43
                  Yep, 5x seems a lot to me too Hareeba.

                  I can only guess it doesn't bother enough players to have caused them to re-assess it in the last 10 months, yet.
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                  Comment
                  • Domestic
                    SBR Hall of Famer
                    • 02-10-09
                    • 6323

                    #44
                    The fact you only get one free withdrawal per month is a massive drag also.
                    Comment
                    • chidondollars
                      SBR MVP
                      • 06-12-11
                      • 1296

                      #45
                      How can I ascertain my pinny account is open through sbr link.I want to use for pro membership
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61046

                        #46
                        Originally posted by chidondollars
                        How can I ascertain my pinny account is open through sbr link.I want to use for pro membership
                        If you apply it will be checked.

                        Not sure how else. I've seen people post that Pinny won't tell you who referred you.
                        .
                        Comment
                        • chidondollars
                          SBR MVP
                          • 06-12-11
                          • 1296

                          #47
                          Thanks op,but I want to go pro on Monday and I heard $200 dollar deposit requirements has been lowered in some books. Do you have any idea about pinny, am not sure I have up to $200 in my wallet
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61046

                            #48
                            Originally posted by chidondollars
                            Thanks op,but I want to go pro on Monday and I heard $200 dollar deposit requirements has been lowered in some books. Do you have any idea about pinny, am not sure I have up to $200 in my wallet
                            I believe any size deposit qualifies you now.

                            When you click the become a pro link it should tell you everything you need to know. (the info is user specific)
                            .
                            Comment
                            • satana
                              SBR Hustler
                              • 01-05-13
                              • 64

                              #49
                              what's a pro membership?
                              Comment
                              • Optional
                                Administrator
                                • 06-10-10
                                • 61046

                                #50
                                Originally posted by satana
                                what's a pro membership?
                                SBR Pro members may redeem SBR Store products, including pizza, electronics, merchandise, gift cards. International users may redeem sportsbook cash.
                                Double Forum Points + 100pt signup bonus.
                                Exclusive Pro Contests & Trivia
                                Free Poker Tourney entries

                                Find out more here: http://www.sportsbookreview.com/foru...-benefits.html or click the Become A Pro link under your avatar.
                                .
                                Comment
                                • satana
                                  SBR Hustler
                                  • 01-05-13
                                  • 64

                                  #51
                                  cheers
                                  Comment
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